BSECompany Update1d ago · 24 Oct 2026, 11:00 am
Please find enclosed disclosure for receipt of order under section 92CA (3) r.w.s 144(5) of the Income Tax Act, 1961 pursuant to the DRP directions.
DIC India Ltd · 500089
✦ AI SummaryRegulatory
DIC India Ltd has received a revised order from the Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata, reducing the transfer pricing adjustment for Assessment Year 2023-24 from Rs. 3,84,17,653 to Rs. 3,74,35,142.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
DIC India Ltd - 500089 - Update On Transfer Pricing Matter
Attachments (1)
📄pdf
Download →
ffb266b5-6878-47fd-b5aa-d75a82abe050.pdf
View document text
October 24, 2026
The Corporate Relationship Department The Calcutta Stock Exchange Ltd.
BSE Limited 7, Lyons Range, Dalhousie
P.J. Towers, Dalal Street Kolkata- 700001
Mumbai- 400001 Scrip Code: 10013217
Scrip Code: 500089
The Listing Department
National Stock Exchange of India Limited
Exchange Plaza, C/1, Block G
Bandra Kurla Complex
Bandra (E), Mumbai — 400051
NSE Symbol: DICIND
Sub: - Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Ref: Receipt of Order under Section 92CA (3) r.w.s 144C (5) of the Income-tax Act, 1961
Dear Madam/Sir,
In furtherance to the intimations dated October 02, 2026 and March 03, 2026, filed by DIC India Limited (the
“Company”) with the stock exchanges regarding the matter involving transfer pricing adjustments relating to
international transactions undertaken by the Company during the FY 2022-23 (AY 2023-24), please be informed
that the pursuant to directions from Ld. Dispute Resolution Panel-2 (“DRP”), the Company received a final order
from Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata (“AO”) dated 224 October, 2026.
In terms of the said order of AO, the upward adjustment in income of Rs. 3,84,17,653/- determined vide order
dated 22™ January, 2026 has been recomputed and reduced to Rs. 3,74,35,142/-. As a result, the revised total
arm’s length price adjustment is Rs. 3,74,35,142/- for the AY 2023-24.
In terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, and
Industry Standard Note on Regulation 30 of SEBI Listing Regulations, the information required are enclosed
herewith as Annexure -1 and Form - A.
I, the undersigned state and declare that the information and details provided in Form - A, in compliance with
Regulation 30(13) of the SEBI Listing Regulations, is true, correct and complete to the best of my knowledge and
belief.
You are requested to take the same on record.
Thanking you,
For DIC India Limited
Meghna Saini
Company Secretary
Membership No.- 442587
DIC INDIA LIMITED
Corporate Office: Fusion square, 5" Floor, Plot no. 5A & 5B, Sector-126, Noida — 201303
Tel: +91-120-6361414 | Fax: +91-120-6361443
GSTIN: 09AABCC0703C1ZF
CIN No. L24223WB1947PLC015202
Website: www.dic.co.in | Email id: investors@dic.co.in
Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road,
Behala, Kolkata-700038
ANNEXURE-1
Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated
January 30, 2026.
Name of the authority Deputy Commissioner of Income Tax, Transfer Pricing
- 1, Kolkata
Nature and details of the action(s) Order received by Deputy Commissioner of Income Tax,
Transfer Pricing - 1, Kolkata basis the Directions issued
under Section 144C(5) of the Income Tax Act, 1961 by
Dispute Resolution Panel -2 (DRP), New Delhi in
connection with transfer pricing adjustment for
Assessment Year 2023-24.
Date of receipt of direction or order, including any October 22, 2026, however, received by the KMPs on
ad-interim or interim orders, or any other October 23, 2026 at 11:03 AM
communication from the authority.
Details of the violation(s)/contravention(s) No violation(s)/contravention(s) committed by the
committed or alleged to be committed. Company.
The final order has been received by the Company
pursuant to the Directions received by DRP in connection
with the transfer pricing adjustments proposed by
Assessing Officer.
Impact on financial, operation or other activities of No impact other than as stated in this disclosure. The
the listed entity, quantifiable in monetary terms to Company is evaluating the order and prefers to file an
the extent possible appeal against the said order with appropriate authority
within the stipulated time.
DIC INDIA LIMITED
Corporate Office: Fusion square, 5" Floor, Plot no. 5A & 5B, Sector-126, Noida — 201303
Tel: +91-120-6361414 | Fax: +91-120-6361443
GSTIN: 09AABCC0703C1ZF
CIN No. L24223WB1947PLC015202
Website: www.dic.co.in | Email id: investors@dic.co.in
Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road,
Behala, Kolkata-700038
Form -A
Disclosure by DIC India Limited regarding receipt of communication from regulatory, statutory,
enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Regulation 30(13) — Disclosure of communication from regulatory, statutory, enforcement or judicial authority
Name of the listed entity DIC India Limited
Type of | Communication | Order received by Deputy Commissioner of Income Tax, Transfer Pricing
Received - 1, Kolkata under Section 92CA (3) r.w.s 144C (5) of the Income-tax Act,
1961 in connection with transfer pricing adjustment for Assessment Year
2023-24.
Date of receipt of | Date of Order is October 22, 2026, however, received by the KMPs
communication identified under Regulation 30 on October 23, 2026 at 11:03 AM
Authority from whom | Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata
communication
Received
Brief summary of the material Pursuant to the said order, the transfer pricing adjustment have been revised
contents of the communication to Rs. 3,74,35,142/- for the A.Y. 2023-24 instead of Rs.3,84,17,653/-
received, including reasons for determined earlier vide order dated 22.01.2026. The revision has taken
receipt of the communication place by the authority after taking into consideration the Directions issued
under Section 144C(5) of the Income Tax Act, 1961 by Dispute Resolution
Panel -2 (DRP), New Delhi.
Period for which communication FY 2022-23 (AY 2023-24)
would be applicable, if stated
Expected financial implications Based on a preliminary assessment of order, no expected financial
on the listed company, if any implication on the Company.
Details of any aberrations/non- As stated in point summary above.
compliances identified by the
authority in the communication
Details of any penalty or No penalty or restriction as of date.
restriction or sanction imposed
pursuant to the communication
Action(s) taken by _ listed The Company is evaluating the order and appropriate actions will be taken
company with respect to the within the stipulated time.
communication
DIC INDIA LIMITED
Corporate Office: Fusion square, 5" Floor, Plot no. 5A & 5B, Sector-126, Noida — 201303
Tel: +91-120-6361414 | Fax: +91-120-6361443
GSTIN: O9AABCC0703C1ZF
CIN No. L24223WB1947PLC015202
Website: www.dic.co.in | Email id: investors@dic.co.in
Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road,
Behala, Kolkata-700038